以"释放城市未来生命力"为己任，中国金茂对推动高质量城市发展的探索从未止步。中国金茂持续以产 品焕新、精准投资精益管理、组织优化等举措推动财务水平持续向好，实现业务并举；同时，双上市平 台筑基ESG管理水平不断提升，以稳健态势迈向高质量发展。 深处房地产行业调整期，对于房地产央企来说，中国金茂实现逆周期增长紧紧围绕地产开发、精品持 有、品质服务和建筑科技四类业务，以"绿色健康"和"智慧科技"驱动城市进化，成为品质城市引领者， 完整跨越周期的高质量发展。 穿越周期 高质量增长 在行业调整之下，如何保持盈利能力是企业发展的韧性所在。 在2024年中国房地产市场整体止跌回稳的大背景下，中国金茂（00817.HK）去年实现扭亏为盈。中国 金茂发布的2024年业绩报告，当期其收入为590.53亿元；本公司所有者应占溢利为10.65亿元，同比增长 115%。 实际上，逆势增长在中国金茂2024年的整体发展中已经得到印证，中国金茂发布的年度业绩报告令人眼 前一亮。财报数据显示， 中国金茂2024年实现签约销售额983亿元，行业排名上升至第12位；归母净利 润达10.65亿元，同比大幅增长115% 。 中国金茂旗下另一家重资 ...

8月2日上午10时，武汉图书馆新馆项目楼顶，巨大的银色金属底网紧密覆盖在檩条上，在烈日的 直射下反射出刺眼的白光，温度直逼50℃。 项目管理者夏露、武建辉、熊双桥三人，正在这片滚烫的"网格"上巡检。安全帽下，汗珠顺着晒 得发红的脸颊滚落，他们的T恤早已被汗水彻底浸透，紧紧贴在工装上。 夏露和武建辉蹲下身，徒手触摸着滚烫的连接件，检查其紧固程度，同时仔细排查金属底网的密 实度和平整度。熊双桥则在一旁用卷尺测量关键节点的间距。 武汉图书馆新馆，位于江汉区王家墩中央商务区东北角，其标志性的波浪形屋顶自西南向东侧优 雅跌落，从空中俯瞰，犹如一座未来感十足的"会呼吸的知识峡谷"。 项目用地面积4.34万平方米，总建筑面积约14.23万平方米，是一座文化综合体建筑，涵盖武汉图 书馆、武汉方志馆、文化传播交流功能区及地下车库等相关配套设施，其中武汉图书馆为7.2万平方 米。项目设计为地上10层、地下2层的单体建筑，由武汉城建集团建设管理公司负责项目管理、武汉建 工集团施工。 今年4月，项目主体钢结构封顶后，幕墙、屋面工程成为目前的攻坚重点。特别是面积广阔的铝镁 锰金属屋面施工，是当前的核心任务。 上午9时，记者跟随三名项目 ...

Core Viewpoint - The company maintains an optimistic outlook on future order growth, supported by government initiatives and strategic adjustments in response to macroeconomic conditions [2][3]. Group 1: Future Order Outlook - The company aims for stable growth in order volume, leveraging support from local government and strategic planning based on market analysis [2]. - The company plans to actively participate in major government projects to secure high-quality orders [2]. Group 2: Profitability and Margins - The bidding gross margin has remained stable as of mid-year, but upcoming regulatory changes in bidding practices are expected to positively impact margins [3]. - The company is committed to enhancing its bidding margins by focusing on high-quality major project orders [3]. Group 3: Technological and Strategic Development - The company is investing in green building, prefabricated construction, and digital transformation initiatives to enhance productivity and sustainability [4]. - Ongoing projects include the "5G+ Smart Construction" initiative and the establishment of digital facilities to improve project management [4]. Group 4: Financial Management and Convertible Bonds - The company has adjusted the conversion price of its convertible bonds to 4.07 CNY per share and has decided not to further lower this price in the next five months [5]. - Financial strategies include optimizing existing assets and utilizing various financing tools to manage upcoming payment obligations [5]. Group 5: M&A and Strategic Expansion - The company is exploring opportunities for mergers and acquisitions while focusing on digital and intelligent transformation of its traditional construction business [6]. - Future disclosures regarding any significant M&A activities will comply with legal requirements [6]. Group 6: Financial Performance - In Q1 2025, the company reported a revenue of 6.953 billion CNY, a year-on-year decrease of 6.27%, and a net profit loss of 429.709 million CNY, down 196.27% [7]. - The company’s debt ratio stands at 90.52%, with a gross margin of 5.55% [7].

Core Insights - The Shanghai International Forum on Green Buildings highlighted the achievements of the Lingang New Area in green construction, launching the "Lingang New Area Green Building Map" as a public exploration guide [1][3] Group 1: Green Building Achievements - Since its establishment, the Lingang New Area has developed a total green building area of 35 million square meters, with 98% classified as two-star or above [3] - The area includes 5.7 million square meters of ultra-low energy buildings, featuring one near-zero energy building, one zero energy building, and one zero carbon building [3] - The region boasts three three-star green ecological districts: the Green Ecological Pilot Zone, Dingke Community, and Dishui Lake Financial Bay [3] Group 2: Future Directions and Collaborations - The forum's theme "Green Building Going Global: Lingang Sets Sail" emphasizes the importance of international cooperation and aims to enhance the global competitiveness of domestic construction companies [3][4] - Key insights from the forum include the necessity of government-enterprise collaboration, mutual recognition of standards, and deepening global cooperation to share opportunities [4] - The establishment of the "Going Global" Engineering Construction Alliance by 15 organizations aims to facilitate international collaboration in green building standards and explore opportunities in the Belt and Road Initiative [4]

Core Viewpoint - The meeting between China's Ministry of Housing and Urban-Rural Development and Singapore's Ministry of Sustainability and the Environment focused on discussions regarding sponge city construction and green building policy practices, as well as potential cooperation [1] Group 1 - The meeting was held in Beijing, indicating a diplomatic engagement between China and Singapore [1] - Key topics included sponge city construction, which emphasizes urban resilience and water management [1] - Green building policies were also a significant part of the discussions, highlighting a mutual interest in sustainable development practices [1]

Group 1 - The core viewpoint emphasizes that housing issues are both a livelihood and development concern, impacting the interests of many families and the overall well-being of the people [1] - The real estate industry is accelerating its transformation towards "safe, comfortable, green, and smart" housing as part of the national initiative for "good housing" [1] - China State Construction Engineering Corporation (CSCEC) is focusing on the Yangtze River Delta region, integrating new development concepts into the entire project lifecycle to enhance the quality of housing [1] Group 2 - The CSCEC project in Qingpu, Shanghai, has become a model for ultra-low energy consumption housing, achieving over 65% energy savings, 29% water savings, and 40% material savings compared to traditional buildings [2] - The project has received the EDGE green building certification and is expected to save 358,300 kWh of electricity and 34,000 m³ of natural gas annually [2] - The project has won multiple awards, including the 19th Jingrui Science and Technology Award and the "Green Project Management Excellence Award" from the Project Management Institute [2] Group 3 - The Suzhou project focuses on high-quality residential living, incorporating safety standards, quality materials, and smart home systems to enhance living experiences [3] - The project integrates Suzhou's garden design philosophy and provides comprehensive public facilities for all age groups [3] - It has been recognized with the 2024 Jingrui Science and Technology Award, establishing it as a benchmark for high-quality housing [3] Group 4 - CSCEC is addressing the "good housing" initiative by developing core technologies tailored to regional characteristics, enhancing housing supply to be "safe, comfortable, green, and smart" [4] - Various projects, such as the Nanjing low-carbon technology housing and Shanghai's digital construction initiatives, are part of this technological innovation matrix [4] - The company is also innovating in affordable housing solutions to meet diverse community needs [4] Group 5 - The implementation of the national standard "Residential Project Specification" GB55038-2025 in May 2025 aims to elevate industry quality standards [5] - CSCEC is committed to precise regional adaptability and continuous innovation in green, low-carbon, and smart living technologies [5] - The company's efforts are closely aligned with urban development and residents' needs, driving the transformation of the real estate industry from scale expansion to value creation [6]

Group 1 - Hubei province has experienced a persistent heatwave since July, with average temperatures reaching 30.9°C, which is 3.7°C higher than the historical average for the same period [1][3] - In Wuhan, outdoor temperatures are around 32°C to 33°C, but the perceived temperature is even higher, with ground temperatures exceeding 50°C [3][5] - Cooling measures include the installation of shade canopies and misting systems at transportation hubs, significantly reducing ground temperatures to below 40°C [5][9] Group 2 - Volunteer service booths provide free cooling supplies, such as anti-heat medications and chilled beverages, to travelers [7] - The city employs multiple misting trucks daily to enhance cooling and dust suppression efforts on urban roads [9] - The Wuhan Zoo has also implemented cooling measures for animals during the heatwave [11] Group 3 - In Tianjin, urban planning incorporates ecological systems to mitigate high temperatures, with the Tianjin Eco-City achieving a temperature range from 17.4°C to 52°C [11][13] - The Eco-City features a zero-carbon building with extensive solar panels and energy-saving systems, contributing to reduced carbon emissions [15][18] - The integration of water systems and green spaces in the Eco-City has resulted in a 50% blue-green space ratio, effectively lowering temperatures [17][20]

Group 1: Environmental Initiatives - The Jinan Starting Area has been recognized as a national pilot for coordinated innovation in pollution reduction and carbon reduction, effective from December 2023 [1] - The area has achieved significant results in clean production audits, with nitrogen oxide emissions reduced by 15.8% and greenhouse gas emissions reduced by 18.6% [3] - The electrification rate of forklifts in the area has reached over 60%, and 77 non-operational vehicles meeting the National III emission standard have been eliminated [3] Group 2: Energy Transition - The total installed capacity of photovoltaic systems in the area has reached 37.1 MW, resulting in an annual reduction of 35,000 tons of greenhouse gases [5] - The "Hydrogen into Thousands of Homes" demonstration project has deployed 40 hydrogen heavy trucks and 16 hydrogen sanitation vehicles, reducing greenhouse gas emissions by 2,600 tons annually [5] - The area has developed a new comprehensive energy station, achieving full green electricity and zero carbon emissions [5] Group 3: Green Building Development - The area has established guidelines for green building design, requiring new constructions to meet at least a two-star green building standard [5] - Approximately 14 million square meters of green buildings are currently under construction, with high-star green buildings accounting for 78% of this total [5] - The Zero Carbon Smart Operation Center has been awarded the "Global Habitat Planning and Design Award" and is expected to generate 950,000 kWh annually upon operation [5] Group 4: Green Industry Growth - The area is actively developing the new energy vehicle industry and has launched a 10 GW high-efficiency solar cell production line [7] - The first pilot production line for perovskite solar cells in the province has been established, contributing to the upgrade of the energy structure [7] - The hydrogen energy industry is also being promoted, with the "Hydrogen Teng" fuel cell produced by Jinan Green Energy Company being utilized in international applications [7]

Core Viewpoint - The article emphasizes the transformation of urban development in China from scale expansion to quality enhancement, guided by the "People's City" concept, which prioritizes the needs and aspirations of the people in urban renewal efforts [1][2]. Urban Renewal Value Orientation - The "People's City" concept redefines urban renewal as a comprehensive transformation that includes spatial restructuring, social governance innovation, and economic dynamism conversion, aiming for sustainable urban development [2]. - Urban renewal should focus on enhancing the happiness and well-being of residents, addressing the diverse needs of different demographic groups, including youth, new citizens, and the elderly [2][3]. Addressing Demographic Needs - The aging population necessitates the inclusion of facilities like nursing homes and activity centers in urban renewal projects, promoting an elderly-friendly environment [3]. - Low-income groups must be protected during urban renewal, ensuring access to affordable housing and essential services to prevent social exclusion [3]. Coordinated Urban Renewal Approach - A coordinated approach to urban renewal is essential to address issues of spatial fragmentation and functional imbalance, advocating for gradual, organic updates that preserve cultural heritage while meeting residents' needs [3]. Performance Evaluation Framework - A scientific performance evaluation system for urban renewal is crucial, focusing on comprehensive, measurable, comparable, and dynamic principles across spatial, economic, and social dimensions [4][5]. - The evaluation should encompass both quantitative and qualitative metrics, ensuring a holistic assessment of urban renewal outcomes [5][6]. Technological Integration and Multi-Stakeholder Participation - The integration of advanced technologies like big data and AI is vital for enhancing the accuracy and effectiveness of urban renewal evaluations, alongside the involvement of diverse stakeholders such as businesses, social organizations, and residents [7][8]. - A collaborative evaluation framework that includes input from various stakeholders will ensure a comprehensive and objective assessment of urban renewal initiatives [8].

Group 1 - Guangzhou has built a total installed capacity of distributed photovoltaic power generation projects amounting to 3.4987 million kilowatts, which is more than five times the amount at the beginning of the 14th Five-Year Plan [1] - The city is promoting green building and high-quality development in the construction sector through various activities, including on-site observation, training, thematic promotion, and exhibitions [1] - In 2024, the proportion of newly started high-star green buildings in civil construction is expected to reach 72%, an increase of 12% year-on-year [1] Group 2 - The renovation of venues for the 15th National Games fully implements green building standards, with Tianhe Sports Center being transformed into the first near-zero carbon large sports venue in the country [2] - Guangzhou has established a system for promoting the use of green building materials in government-funded civil construction projects, with 428 companies receiving green building material certification [2] - The Metro Design Building is a benchmark project in intelligent construction and green building, achieving a comprehensive energy-saving rate of 61.56% and passing near-zero energy building and green building three-star design certification [2]